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India's largest digital payments service provider Paytm has hit a run rate of 5 billion transactions a year, with $50 billion of transactions value flowing through the platform annually. In a press release, One97 Communications, which runs the Paytm app said that it has been witnessing a tremendous increase in adoption of digital payments in tier 2 & tier 3 cities which constitute 50% of its total user base. “This has helped the company to achieve an annual run rate of 5 Billion transactions and $50 Billion in GTV (Gross Transaction Value),” said the release.